Global New Material, a leading company in the global new consumable materials market, gave a ‘big gift’ to its investors before officially listing. On July 9, Global New Material (stock code: 6616) announced an IPO price of HKD3.25, 7.67% lower than the previous IPO floor price. From the investors’ perspective, Global New Material lowering its IPO price from that of the IPO period, in fact, has left more room for market share price appreciation in the future. High-quality companies prefer low-price offerings in mature capital markets In mature capital markets, the lower-price offering is an effective strategy for information transmission.…
Author: Marie Jones
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Huatai Securities Co., Ltd. (SHA:601688, HKG:6886, HTSC.LI) today announced that its wholly-owned subsidiary, Huatai Securities (Shanghai) Asset Management Co., Ltd. (HTSCAM or the Company) has become a signatory of the United Nations-supported Principles for Responsible Investment (UNPRI). As a signatory, HTSCAM is committed to integrating the UNPRI’s investment principles – which incorporate environmental, social and governance (ESG) factors – into investment decision making and ownership practices to provide better services for investors. UNPRI’s six principles for responsible investment: We will incorporate ESG issues into investment analysis and decision-making processes We will be active owners and incorporate ESG issues into our…
AmCham has taken office space at TEC’s Two Chinachem Central Centre Partnership offers benefits to AmCham members through events and access to TEC products The Executive Centre (TEC), the leading premium flexible workspace provider serving more than 35,000 members in 32 cities across the world’s fastest-growing economies of Asia-Pacific and the Middle East, has formed a strategic partnership with the American Chamber of Commerce in Hong Kong (AmCham) to further support American and multinational corporations’ (MNCs) presence in Hong Kong. After 25 years at its previous location, AmCham has taken a private office at TEC’s Two Chinachem Central Centre before…
Agilex Biolabs, Australia’s largest and most technologically advanced regulated bioanalytical laboratory for clinical trials today announced that the Premier of South Australia the Hon Steven Marshall MP has launched its new $1.5m vaccine and immuno-biology laboratory. The facility, the most sophisticated in APAC, will attract biotechs and pharma from around the world for advanced clinical research. Over the past 2 years, Agilex Biolabs has invested more than $3.5m in technology and systems at the APAC headquarters in Adelaide. Premier of South Australia, Steven Marshall launched the new facility today, thanking Agilex Biolabs for investing in the State and creating jobs…
Fair runs under ‘Inspirational and Motivational Reading’ theme The 31st HKTDC Hong Kong Book Fair, organised by the Hong Kong Trade Development Council (HKTDC), begins today at the Hong Kong Convention and Exhibition Centre (HKCEC) and closes on 20 July. Running in tandem with the Book Fair are the HKTDC Hong Kong Sports and Leisure Expo and debut HKTDC World of Snacks. Together they are welcoming more than 760 exhibitors to deliver a brand-new experience to visitors, with an array of books, leisure activities and tasty treats. Officiating at this morning’s opening ceremony for the long-awaited event were Carrie Lam,…
Trintech Announces Robust Transaction Matching Feature in a Solution Built and Priced Specifically for Mid-Market Businesses Trintech, a leading global provider of integrated Record to Report software solutions for the Office of Finance, today announced a new automated multi-way transaction matching feature in its Adra Suite to help mid-market organizations save time and reduce risk in the transaction matching process. With this new automated multi-way matching feature, customers can set up match scenarios and deploy intelligent rules to automatically review one-to-one, one-to-many, many-to-one, and many-to-many matches. “As companies continue to grow, expand and adapt, specifically companies in the eCommerce and…
On July 8-9, 2021, Richard Li, the President of Legend Capital, attended the 10th Private Equity Investment Summit Forum held by Noah Holdings and delivered a speech on the topic of technological innovation, sharing his views on information technology, biotechnology and new energy, as well as the long-term prospects. Major technological innovations and breakthroughs are taking place in vertical markets in the era of technology. In addition, the 14th Five-Year Plan and the Long-Range Objectives Through the Year 2035 pointed out that it is necessary to improve the national innovation system to strengthen scientific and technological capabilities. Driven by favorable…
Straits Inter Logistics Berhad (Straits), a Bursa Malaysia Listed Company, announced today that it has received approval from Marine Department Malaysia for Victoria STS (Labuan) Sdn Bhd (Victoria STS) to develop an integrated offshore Ship-to-Ship (STS) Energy Transhipment Hub within the port limits of Victoria Bay, Labuan. Victoria STS is a 70% owned subsidiary of Fajar Maritime and Logistics Sdn Bhd, which in turn is a 60% owned subsidiary of Straits. The STS hub will be Straits’ energy flagship project which will be located within the port limits of Victoria Bay deep water area spanning a vast 3309 hectares supporting…
Focusing on Tropical Processed Fruit Products The Project has a Land Area of Over 130,000 Square Meters Produce Synergies with the Production Bases of the Group in Shandong Province and Hubei Province Tianyun International Holdings Limited (Tianyun International, together with its subsidiaries, the Group) (HKG: 6836), a leading manufacturer and seller of processed fruit products in the People’s Republic of China (the PRC) , is pleased to announce that the Group has set out a production base (the Yunnan Production Base Project) in the Honghe Hani and Yi Prefecture of Yunnan Province, the PRC, for the production of tropical processed…
Haily Group Berhad’s (Haily) IPO exercise comprises: (A) Public issue of 30,000,000 new ordinary shares in HAILY (“Public Issue Shares”) in the following manner: i. 8,920,000 new Public Issue Shares for application by the Malaysian public: ii. 10,000,000 new Public Issue Shares for application by the eligible directors and employees of HAILY and its subsidiaries (“Group”) and persons who have contributed to the success of the Group; iii. 11,080,000 new Public Issue Shares by way of private placement to selected investors in the following manner; and – 5,100,000 Public Issue Shares to selected Bumiputera investors approved by Ministry of International…
Provides Practical Opportunities to Youth Cultivating Professional Skills Champion Real Estate Investment Trust (Champion REIT or Trust) (HKG: 2778), owner of Three Garden Road and Langham Place, always regards sustainable development as an integral part of its corporate culture and is committed to creating long-term value not only for its business but also for the community. The Trust is organising the “Magical Langham Place in Your Lens” Student Filming Competition during this summer holiday. In view of the increasing market demand for multimedia skills nowadays, the competition is aimed at providing a platform for students to realise their creative potentials…
SINGAPORE, July 12, 2021 – (JCN Newswire) – BlueHelix Group (BHEX) has launched HDEX, the world’s first decentralized trading platform to support cross-chain deposit/withdrawals of any asset, on July 8, 15:00 (UTC+8). HDEX is the perfect landing for BlueHelix’ decentralized financial layout and will empower the BHEX centralized trading platform, BHEX Cloud SaaS and whitelabel solutions, and BHEX Chain, the ecological sectors of BlueHelix Group. HDEX exchange is based on BHEX Chain technology, the patented Bluehelix decentralized private key generation technology. It overturns CEX and the traditional DEX model, supporting arbitrary linkage and trading among heterogeneous and homogeneous chains, and is fully compatible with…
As the Sri Trang Group races towards its goal of 100%, highlighting commitment to staff welfare and ESG to achieve business sustainability Pressing ahead with its campaign to provide inoculation to all Southeast Asia based employees of the Sri Trang Group of Companies against Covid-19 with Sinopharm vaccine, provided by the Chulabhorn Royal Academy, Sri Trang Gloves (Thailand) PCL (SET: STGT) reached its goal of 100% jabs for its entire workforce of 11,000 employees in production plants and Southeast Asia offices. The second jabs will be given at the end of July. Other companies in the group will continue their…
BlueHelix Group (BHEX) has released HDEX, the world’s first decentralized trading platform that supports decentralized cross-chain deposit/withdrawal and trading of any asset, on July 8. HDEX is the perfect landing for BlueHelix’ decentralized financial strategic layout and will continue to empower the BHEX centralized trading platform, BHEX Cloud Saas & Whitelabel solutions, and BHEX Chain in the ecological sectors of BlueHelix Group. HDEX decentralized exchange is based on BHEX Chain technology, the patented Bluehelix decentralized private key generation technology. It overturns CEX and the traditional DEX model, supporting arbitrary linkage and trading among heterogeneous chains and homogeneous chains which are…
The largest Australian full-service CRO for international biotechs and Frost & Sullivan Asia-Pacific CRO Market Leadership Award winner Avance Clinical today congratulated client Tetherex Pharmaceuticals on first patient dosing for its Phase 1 vaccine clinical trial. Tetherex Pharmaceuticals, Inc. is a privately held, clinical-stage biopharmaceutical company focused on the development of selectin inhibitor therapeutics for the treatment of a broad range of inflammatory diseases and single-cycle adenovirus vaccines for multiple infectious diseases and cancer indications. Avance Clinical Chief Scientific Officer Dr Gabriel Kremmidiotis said: “The exciting aspect of the Tetherex product is the potential to vaccinate using a nasal spray.…
EC Healthcare (the Company, which together with its subsidiaries is referred to as the Group, SEHK stock code: 2138), the largest non-hospital medical group in Hong Kong, announces that the Group’s strategic shareholders Dr. Cheng Chi Kong and Aspex Management further increase equity stake in the Group via Top-up Placing, further enhancing the strategic relationship and empowering the Group’s development. The Group conditionally agreed to effectively issue and allot 6,455,172 and 10,758,621 new Shares at HK$14.50 per Share to Dr. Cheng Chi Kong, Adrian JP and Aspex Master Fund (the “Purchasers”), respectively, through Top-up Placing. Such shares representing approximately 1.55%…
Blockpass and OpenDeFiare proud to announce their new partnership. The two companies will collaborate to provide regulatory compliance, security and additional benefits to the intersection of Decentralised Finance and real-world assets – ‘Open Finance’. In addition, Blockpass and OpenDeFi plan to jointly offer AMAs, giveaways, rewards and tutorials. OpenDeFi is the Open Finance protocol by OroPocket that aims to link DeFi solutions and physical assets, providing banking opportunities such as loans, which are backed up by real-world assets. Notably, assets are held by custodians, providing a secure and trusted opportunity for individuals and institutions alike. OpenDeFi works to provide a…
TOKYO, July 8, 2021 – (JCN Newswire) – Showa Denko (SDK; TSE:4004) announces that, following the “Announcement regarding Company Split (Absorption-Type Company Split) and Transfer of Energy Storage Devices and Systems Business through Share Transfer by a Consolidated Subsidiary (Change of Second-Generation Subsidiary)” which was announced today, SDK will record extraordinary loss in its 2021 consolidated financial statements and revises its forecasts of consolidated business results for the first half of the year ending on December 31, 2021 and consolidated business results for the year ending on December 31, 2021, both of which were announced on May 10, 2021. 1. Recording of extraordinary loss…
SDK announces Company Split (Absorption-Type Company Split) and Transfer of Energy Storage Devices and Systems Business through Share Transfer by a Consolidated Subsidiary (Change of Second-Generation Subsidiary) TOKYO, July 8, 2021 – (JCN Newswire) – Showa Denko K.K. (hereinafter referred to as the “Company”) hereby announces that Showa Denko Materials Co., Ltd. (hereinafter referred to as “SDMC”), the Company’s consolidated subsidiary, has determined by its board of directors today that (i) SDMC shall have a newly established, wholly owned subsidiary of it named Energy Storage Devices Spin-Off Preparation Co., Ltd. (hereinafter referred to as “NewCo”; its company name shall be hereafter changed upon discussion)…
Actively Explores Livestream E-commerce Market New Driver of Digital Marketing Business A provider of integrated marketing solutions in Greater China, Activation Group Holdings Limited (Activation or the Company, collectively, the Group, HKG: 9919), has entered into strategic cooperation with Vision Future (Shanghai) Media Technology Co., Ltd.* (“Vision Entertainment”) to form a joint venture, in which Activation owns majority shares. The partners will together explore the huge potential of the livestream e-commerce business at the forefront of the digital marketing realm in mainland China. Pursuant to the strategic cooperation, the two parties will jointly operate DouYin key opinion leaders (KOLs) live…